Royal Bank of Scotland Group PLC (NYSE:RBS) has been assigned a consensus recommendation of “Hold” from the twenty brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have weighed in on RBS. Morgan Stanley upgraded Royal Bank of Scotland Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 10th. Bank of America cut Royal Bank of Scotland Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 16th. ValuEngine raised Royal Bank of Scotland Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 3rd. Zacks Investment Research cut Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. Finally, Citigroup raised Royal Bank of Scotland Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 10th.

Shares of Royal Bank of Scotland Group (NYSE RBS) traded down $0.02 during mid-day trading on Friday, reaching $8.46. The company’s stock had a trading volume of 820,367 shares, compared to its average volume of 744,947. The company has a market capitalization of $49,160.00, a P/E ratio of -11.43 and a beta of 1.13. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.98 and a current ratio of 0.98. Royal Bank of Scotland Group has a 1-year low of $5.49 and a 1-year high of $8.49.

Royal Bank of Scotland Group (NYSE:RBS) last issued its earnings results on Friday, October 27th. The financial services provider reported $0.15 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.15. The business had revenue of $4.13 billion during the quarter, compared to the consensus estimate of $4.19 billion. Royal Bank of Scotland Group had a positive return on equity of 7.75% and a negative net margin of 17.46%. research analysts predict that Royal Bank of Scotland Group will post 0.7 EPS for the current year.

Institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC acquired a new stake in Royal Bank of Scotland Group in the second quarter valued at approximately $102,000. Institute for Wealth Management LLC. acquired a new stake in Royal Bank of Scotland Group in the second quarter valued at approximately $103,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Royal Bank of Scotland Group in the second quarter valued at approximately $117,000. Quantbot Technologies LP grew its stake in Royal Bank of Scotland Group by 109.5% in the second quarter. Quantbot Technologies LP now owns 26,025 shares of the financial services provider’s stock valued at $169,000 after acquiring an additional 13,600 shares during the period. Finally, Carnegie Capital Asset Management LLC purchased a new position in shares of Royal Bank of Scotland Group during the second quarter valued at approximately $180,000. 0.47% of the stock is owned by hedge funds and other institutional investors.

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Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

Analyst Recommendations for Royal Bank of Scotland Group (NYSE:RBS)

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